Increased profit for HiQ
Net sales during the first quarter increases with 3 percent and amount to SEK 488.3 (474.4) million. Operating profit for the same period amounts to SEK 55.1 (52.1) million, an increase with 6 per cent. HiQ’s financial position is solid. Cash flow during the quarter amounts to SEK 61.5 million and liquid assets total SEK 232.8 million. At the end of the quarter we are 1,601 employees at HiQ. The General Meeting decides a dividend of SEK 3.35 per share. A total of
SEK 187 million.
“Overall, earnings for the quarter are quite good. We are growing and profits are increasing. In Finland, the quarter is very strong. In Sweden, we do not reach our full potential. In Gothenburg, quarterly earnings are good, and we clearly see positive results from the measures we took last year. And as we proudly celebrate 20 years as a listed company, we have also done our 65th profitable quarter in a row. Since HiQ’s listing, we have delivered profit in 80 of 81 quarters,” says Lars Stugemo, CEO and President of HiQ.